Western Asset Municipal High Income Fund
MHF
41 hedge funds and large institutions have $22M invested in Western Asset Municipal High Income Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
2% more capital invested
Capital invested by funds: $21.6M → $22M (+$442K)
0.45% less ownership
Funds ownership: 13.48% → 13.02% (-0.45%)
7% less funds holding
Funds holding: 44 → 41 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$241K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$194K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$191K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$148K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$824K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$815K |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$109K |
| 4 |
TFA
Tobias Financial Advisors
Plantation,
Florida
|
-$95K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$94K |
MHF Hedge Fund Activity: Q1 2021 in Review
41 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q1 2021, worth a combined $22M — up 2% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MHF and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $241K. The largest seller was 1607 Capital Partners, cutting an estimated $824K.
- 41 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $22M of Western Asset Municipal High Income Fund stock for Q1 2021, up 2% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q1 2021 and 8 closed out, a net change of -3 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q1 2021 was Morgan Stanley, an estimated $241K added.
- The largest Western Asset Municipal High Income Fund seller in Q1 2021 was 1607 Capital Partners, an estimated $824K sold.
Based on aggregated 13F filings for Q1 2021.